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2600 Mathews Ave
Redondo Beach, CA 90278

Multifamily Property For Sale · 7 Units

PROPERTY FACTS

No. Units 7
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class B
Lot Size 0.17 AC
Building Size 6,120 SF
Average Occupancy 100%
No. Stories 2
Year Built/Renovated 1962/2019
Parking Ratio 1.14/1,000 SF

UNIT AMENITIES

  • Dishwasher
  • Disposal
  • Ceiling Fans
  • Eat-in Kitchen
  • Hardwood Floors
  • High Speed Internet Access
  • Ice Maker
  • Satellite TV
  • Tub/Shower
  • Wi-Fi
  • Yard
  • Double Pane Windows
  • Family Room
  • Freezer

SITE AMENITIES

  • Courtyard
  • Smoke Free
  • Community-Wide WiFi

ABOUT 2600 MATHEWS AVE , REDONDO BEACH, CA 90278

Rare 7 unit building Redondo Beach where rental market is very strong. Minutes beaches and shoppes this is a very deirable living area in South Bay. Just Miles south of Silicon Beach there is growth protential. 7 unit with seperate meter for Gas and Electric each has one car garage parking. Most tenant are on month to month all have been good long term stable tenants. Breat buy and hold with steady csh flow. HUGE unrealized upside rent 30% below market, possible futuere update and or aesthetic improvement to significantly incrase property value. Zone RBR-3 (appartment house 5+unit).

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 3 $1,340 700 - 750
2+1 3 $1,450 800 - 950
3+1 1 $1,750 1,000

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
4153-021-013
Land Assessment
$2,144,403
Improvements Assessment
$1,476,956
Total Assessment
$3,621,359

ZONING

Zoning Code R3 (Multiple Dwelling)
R3 (Multiple Dwelling)
  • Listing ID: 14060923

  • Date on Market: 10/13/2018

  • Last Updated:

  • Address: 2600 Mathews Ave, Redondo Beach, CA 90278

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